Economic Gaps Globalization A Real World View - 986 Words

Eric Novak Video Paper #1 Economic Gaps: Globalization-A Real World View The main sociological issue depicted in the video is globalization. Globalization deals with social changes that affect the world on an international scale. This is regarded as the most important social change of the 21st century because the entire world is connected and can communicate in a matter of seconds. This eases the flow of ideas, people, and material objects and allows a small change somewhere to spread and have far reaching effects. This video examines how globalization has unequal effects on the quality of life for different populations of people all around the world. The living situations for a citizen in Malawi is vastly different from that of a citizen living in Beverly Hills. A specific example of the how globalization was created and how it can having varying effects on populations is how the Europeans conquered America and extracted the resources by force. To the casual observer, globalization can be thou ght to have a positive impact on the entire world. This statement is definitely true for most of the developed countries, such as the United States of America. However, there are many countries that have suffered severe negative consequences as a product of globalization. For example, the â€Å"first globalization† occurred when Hernan Cortes conquered the Aztec Empire and exploited the local populations and African slaves to mine the silver reserves. China, the economic powerhouse atShow MoreRelatedGlobalization: An Ideology of Western Elitists? Essay examples1229 Words   |  5 PagesGlobalization, both as an ideology and process, has become the dominant political, economical and cultural force in the 21st century (Steger, 2002, 6). As a social and economic concept, globalization has its roots in neoliberalism which advocates: the primacy of economic growth, free trade to stimulate growth, a free market, individual choice, reduction of government regulation, and global soc ial development based on a western model (Steger, 2002, 9). Although globalization is not a new concept,Read Moreâ€Å"It’s a Flat World, After All† Analysis Essay699 Words   |  3 PagesIn Friedman’s â€Å"It’s a Flat World, After All†, Friedman in a trip Bangalore, India accidentally â€Å"encountered the flattening of the world†. The following paper will analyze â€Å"It’s a Flat World, After All† and the flattening of the world. To conclude the paper I will summarize my thoughts on the flattening of the world. According to Friedman globalization was classified into three time periods. Globalization 1.0 (1492 to 1800) was considered to shrink the world from large to medium due to countriesRead MoreAnalysis Of Friedman Friedman s The Forces That Flattened The World 1545 Words   |  7 Pagesforces that flattened the world: â€Å"The global competitive playing field was being leveled. The World was being flattened.† He describes how each force has affected the developed and developing countries. The concepts Friedman provides concerning the flattening and shrinking of the world seem to be accurately reflected in many aspects of our lives. The effects of globalization, whether positive or negative, are a daily career and personal reality most of us have to face. The world feels much smaller nowRead MoreIs Globalization Good for Workers? Definitions and Evidence from Latin America1118 Words   |  5 Pagesarguments and insights According to most economists, globalization is seen as a beneficial asset for workers, while on the other hand, various sociologists, anthropologists, and historians would beg to differ. Several data determines that even though globalization has increased average incomes in Latin America, the cases of employment quality still tend to be deteriorating. It is important to note the different dimensions of the effect globalization has caused and mechanisms that either benefit or harmRead MoreHow Globalisation has affected developing countries in the Asia - pacific region1609 Words   |  7 Pagesimportant trend occurring in the world economy is the process of globalization. Globalization is the progressive integration between national economies and the breaking down of barriers between trade and financial flows around the world, which will eventually lead to the emergence of a single world market. Globalization has affected many different nations in different ways, depending on their d egree of development and extent to which they are open to the flows of the world economy. China, which is oneRead MoreAn Analysis of Cultural Communication1120 Words   |  5 Pagescondense to create a blueprint for how communication has been infiltrating continents globally? It can be reiterated that given the diversification of political, socio-economic context, cultural issues have apparently been treated as the questionable point of global debate. It seems quite evident that other aspects of globalization or of localization are determined by the manifestation of culture. All in all, culture is bound to influence and have diverse effects on global communication in days toRead MoreCompare and Contrast the Current Era of Globalization with the First Age of Globalization (1850s-1920s). What Are the Advantages and Disadvantages of Globalization in Its Current Context?1720 Words   |  7 Pagescurrent era of globalization with the first age of globalization (1850s-1920s). What are t he advantages and disadvantages of globalization in its current context? Word count: 1530   Unit Coordinator: Dr Tony Ramsay I am going to contrast the current era of globalization with the first age of globalization in many different aspects, in the mean time analysis the merits and demerits of　globalization in its current context. John and Kenneth (2012, p. 28) find that the concept of globalization means theRead MoreInfluence that Created Globalization1626 Words   |  6 Pages Globalization is the result of... the integration among other countries involving the exchanges of goods, services, technology, information, culture and people as well. Globalization really began to take off as the demand for other countries products, goods and services to be traded with other regions around the world for their products and services rose significantly. In my opinion, the supply and demand principle has been a great influence in the result of globalization. The reason for thatRead MoreOn the Meaning of Globalization1827 Words   |  8 PagesOn the Meaning of Globalization The technological development that characterizes the past two decades has triggered a communicational enhancement around the globe. Interconnectedness between people is greater everyday; goods, services, money, and information are exchanged between the furthermost parts of the world. International travel and communication now represent ordinary aspects of life. This phenomenon is called globalization. The term entered common vocabulary in the 1980s and it grewRead MoreThe Meaning of Globalization Essay1811 Words   |  8 Pagesparts of the world. International travel and communication now represent ordinary aspects of life. This phenomenon is called globalization. The term entered common vocabulary in the 1980’s and it grew so popular that the economic, political and cultural background of today is now described as â€Å"The Era of Globalization.† However, this term needs to be thoroughly clarified as it means different things to different people. To some, it is a natural phenomenon of wide-spreading economic, social, and